January 02, 2014 Mumbai CRISIL Research assigns fundamental grade 4/5 to NRB Bearings Ltd

CRISIL Research has assigned a CRISIL IER fundamental grade of 4/5 (pronounced four on five) to NRB Bearings Ltd (NRB Bearings). The grade indicates that the company's fundamentals are 'superior' relative to other listed equity securities in India. CRISIL Research has assigned a valuation grade of 5/5, indicating that market price has 'strong upside' from the current levels. Our one-year fair value of the stock is